Swedbank: Swedish Services PMI Falls to 55.7 in October From 57.3
Bitget2026/11/04 07:31- Sweden’s services PMI fell to 55.7 in October from 57.3 in September, signaling slower growth.
- Employment was the only component supporting the index; new orders and delivery times posted the largest declines.
- The input price index eased to 71.7 from 73.2, remaining well above its historical average of 58.5.
- Elevated cost pressures and more cautious business plans clouded the services sector’s near-term outlook.
- The composite PMI slipped to 57.0 from 57.7, with stronger manufacturing activity offsetting weaker services growth.
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